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Latest Stories
Analysis
Kbb.com Reveals 2011 Best Redesigned Vehicle Award
Monday, Jan. 3, 2011, 08:56 AM
Auto Remarketing Staff
Kelley Blue Book’s Kbb.com recently unveiled its 2011 Best Redesigned Vehicle and earning the annual recognition is the 2011 Honda Odyssey. [Read More]
TD Bank Group to Purchase and Rename Chrysler Financial
Tuesday, Dec. 21, 2010, 03:00 PM
Auto Group Editor Jennifer Reed
TD Bank Group announced this morning that it is acquiring Chrysler Financial for cash consideration of about $6.3 billion. This purchase includes net assets of $5.9 billion and about $400 million in goodwill. [Read More]
Domestics Likely to End Year on High Note
Friday, Dec. 17, 2010, 07:00 AM
Auto Remarketing Staff
While the Big 3 enjoyed some resurgence this year after a rather trying 2009, NADAguides.com revealed some more good news for these automakers Thursday. The company announced that the three most-researched models on its site for the first 11 months of the year are all Big 3 models. Specifically, the 2010 Ford F-150 generated the most interest […] [Read More]
Happy Holidays from Auto Remarketing
Friday, Dec. 17, 2010, 06:59 AM
Auto Remarketing Staff
This is our last edition of Auto Remarketing Today for the year. After we publish Auto Remarketing Canada a bit later today, we will go dark until the new year to give our staff time to spend the holidays with family. AutoRemarketing.com will return to its normal publishing schedule Jan. 3 with a new edition of […] [Read More]
J.D. Power: 2010 to Close with Bang
Friday, Dec. 17, 2010, 06:56 AM
Auto Remarketing Staff
This year is likely to “end on a high note,” as the stronger-than-expected retail new-vehicle market is projected to continue for the December, according to J.D. Power and Associates. Judging by the month’s first 10 days, the firm predicts that December will finish with 936,300 retail new-vehicle units sold, a year-over-year gain of 19 percent […] [Read More]
GM Buys Back TARP Preferred Shares from Treasury
Friday, Dec. 17, 2010, 06:54 AM
Auto Remarketing Staff
General Motors has officially finished buying back all of the GM preferred stock that the U.S. Treasury owned as part of the Troubled Asset Relief Program, the government and the automaker announced. The automaker repurchased 84 million shares of its stock for a combined total of $2.1 billion. The $25.50 paid for each share was […] [Read More]
Which Automakers Are Successfully Tapping the Hispanic Market?
Thursday, Dec. 16, 2010, 07:00 AM
Auto Remarketing Staff
With the Hispanic shopper demographic becoming increasingly important, it appears one particular group of automakers is having more success than others in reaching these key consumers. So which brands are showing the most strength when it comes to Latino purchasers? According to R. L. Polk & Co., Toyota, Honda and Nissan have been implementing various efforts to specifically […] [Read More]
What Is in Store for the 2011 Auto Industry?
Thursday, Dec. 16, 2010, 06:58 AM
Auto Remarketing Staff
Used-vehicle values are expected to remain robust next year thanks to supply shortage and a rather healthy used market, according to Nagi Palle, OPENLANE’s vice president of analytics.This was just one of trends that Palle is predicting for next year. He touched upon a wide array of topics, including the new-vehicle market, leasing, auctions and customer retention. [Read More]
Automakers Take Home Report Cards Today from TrueCar.com
Wednesday, Dec. 15, 2010, 03:44 PM
Auto Remarketing Staff
Some automakers received an unexpected early holiday present Wednesday in the form of a high grade from TrueCar.com. In releasing scorecards on various automakers and brands today, TrueCar.com reported that some showed strong improvements over October, while for others, it might feel more like receiving a lump of coal. [Read More]
Why Do Consumers Shy Away from Certain Vehicles?
Wednesday, Dec. 15, 2010, 07:00 AM
Auto Remarketing Staff
When it comes to how reliable consumers view certain brands, a slew of Big 3 and import automakers are showing gains from a year ago, J.D. Power and Associates reported Tuesday in its 2010 Avoider Study. The study delved into why shoppers either don’t consider a certain vehicle or why they steer clear of certain models altogether. [Read More]
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